Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Argentine Peso/Euro (FOREX:ARSEUR)
Sidelines Mode (-55) - ARSEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ARSEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARSEUR
The long-term trend has been DOWN since Dec 29th, 2021 at 0.00857902
The intermediate-term trend has been DOWN since May 17th, 2022 at 0.00808291
The short-term trend has been UP since Jul 5th, 2022 at 0.00768965
Smart Scan Analysis for ARSEUR
Based on our trend formula, ARSEUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).